Telecommunications and cable providers are trying to meet demand for greater flexibility beyond the traditional bundle of television and Internet service, but slimmer packages could end up raising costs for customers, Walt Disney CEO and Chairman Bob Iger said Tuesday.
Broadband costs will increase as providers unbundle service because many consumers are getting a deal on Internet service. As customers transition to so-called "skinny" packages, which offer fewer channels at a lower price, they will have to pay for broadband separately.
"That's going to be very expensive. I haven't seen a skinny package that in my opinion creates great value to consumers yet, but we'll see and we're open to discussion about it," Iger said on CNBC's "Squawk on the Street.